5305 Cleveland St Virginia Beach, VA 23462
This exceptional flex space opportunity in Virginia Beach's Cleveland Industrial submarket presents a unique chance to lease a portion of a larger building. Located at 5305 Cleveland St, Virginia Beach, VA 23462, this property offers a total of 50,975 square feet across three single-story buildings, built in 1983. Currently, 7,000 square feet is available, divisible into units ranging from a minimum of 3,000 square feet to a maximum contiguous space of 4,000 square feet. The property sits on 1.16 acres of land and features a 14-foot ceiling height, ideal for various industrial and office uses. Loading and access are facilitated by one loading dock and one drive-in door. Parking is provided with four spaces. The property is zoned I-1 and benefits from single-phase power. This is a multi-tenant building with a total of one suite. This location offers excellent access to major transportation routes within the Virginia Beach area. The property's flexible layout and ample space make it suitable for a variety of businesses seeking a well-located and functional workspace. Inquire today to learn more about this prime flex space opportunity.
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1String Sports Training Gym & Fitness Center Sports Field & Court
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SpeedPro Virginia Beach (Bike/Boat/Book/etc) Store Printing Service
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Janmar Door Controls & Glass Hardware & Home Improvement Production Facility
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Swimco Pools Swimming Pool Hardware & Home Improvement
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Red Ladder Remodeling Renovation Specialist General Contractor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.